Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 24 industry groups, 68 industries and 157 sub-industries [1] into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.
GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity.
"GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc.[2][3]
Classification[4]
- 11 Sectors
- 24 Industry Groups
- 68 Industries
- 157 Sub-Industries
Sector | Industry Group | Industry | Sub-Industry | ||||
---|---|---|---|---|---|---|---|
10 | Energy | 1010 | Energy | 101010 | Energy Equipment & Services | 10101010 | Oil & Gas Drilling |
10101020 | Oil & Gas Equipment & Services | ||||||
101020 | Oil, Gas & Consumable Fuels | 10102010 | Integrated Oil & Gas | ||||
10102020 | Oil & Gas Exploration & Production | ||||||
10102030 | Oil & Gas Refining & Marketing | ||||||
10102040 | Oil & Gas Storage & Transportation | ||||||
10102050 | Coal & Consumable Fuels | ||||||
15 | Materials | 1510 | Materials | ||||
151010 | Chemicals | 15101010 | Commodity Chemicals | ||||
15101020 | Diversified Chemicals | ||||||
15101030 | Fertilizers & Agricultural Chemicals | ||||||
15101040 | Industrial Gases | ||||||
15101050 | Specialty Chemicals | ||||||
151020 | Construction Materials | 15102010 | Construction Materials | ||||
151030 | Containers & Packaging | 15103010 | Metal & Glass Containers | ||||
15103020 | Paper Packaging | ||||||
151040 | Metals & Mining | 15104010 | Aluminum | ||||
15104020 | Diversified Metals & Mining | ||||||
15104025 | Copper | ||||||
15104030 | Gold | ||||||
15104040 | Precious Metals & Minerals | ||||||
15104045 | Silver | ||||||
15104050 | Steel | ||||||
151050 | Paper & Forest Products | 15105010 | Forest Products | ||||
15105020 | Paper Products | ||||||
20 | Industrials | 2010 | Capital Goods | 201010 | Aerospace & Defense | 20101010 | Aerospace & Defense |
201020 | Building Products | 20102010 | Building Products | ||||
201030 | Construction & Engineering | 20103010 | Construction & Engineering | ||||
201040 | Electrical Equipment | 20104010 | Electrical Components & Equipment | ||||
20104020 | Heavy Electrical Equipment | ||||||
201050 | Industrial Conglomerates | 20105010 | Industrial Conglomerates | ||||
201060 | Machinery | 20106010 | Construction Machinery & Heavy Trucks | ||||
20106015 | Agricultural & Farm Machinery | ||||||
20106020 | Industrial Machinery | ||||||
201070 | Trading Companies & Distributors | 20107010 | Trading Companies & Distributors | ||||
2020 | Commercial & Professional Services | 202010 | Commercial Services & Supplies | 20201010 | Commercial Printing | ||
20201050 | Environmental & Facilities Services | ||||||
20201060 | Office Services & Supplies | ||||||
20201070 | Diversified Support Services | ||||||
20201080 | Security & Alarm Services | ||||||
202020 | Professional Services | 20202010 | Human Resource & Employment Services | ||||
20202020 | Research & Consulting Services | ||||||
2030 | Transportation | 203010 | Air Freight & Logistics | 20301010 | Air Freight & Logistics | ||
203020 | Airlines | 20302010 | Airlines | ||||
203030 | Marine | 20303010 | Marine | ||||
203040 | Road & Rail | 20304010 | Railroads | ||||
20304020 | Trucking | ||||||
203050 | Transportation Infrastructure | 20305010 | Airport Services | ||||
20305020 | Highways & Railtracks | ||||||
20305030 | Marine Ports & Services | ||||||
25 | Consumer Discretionary | 2510 | Automobiles & Components | 251010 | Auto Components | 25101010 | Auto Parts & Equipment |
25101020 | Tires & Rubber | ||||||
251020 | Automobiles | 25102010 | Automobile Manufacturers | ||||
25102020 | Motorcycle Manufacturers | ||||||
2520 | Consumer Durables & Apparel | 252010 | Household Durables | 25201010 | Consumer Electronics | ||
25201020 | Home Furnishings | ||||||
25201030 | Homebuilding | ||||||
25201040 | Household Appliances | ||||||
25201050 | Housewares & Specialties | ||||||
252020 | Leisure Products | 25202010 | Leisure Products | ||||
252030 | Textiles, Apparel & Luxury Goods | 25203010 | Apparel, Accessories & Luxury Goods | ||||
25203020 | Footwear | ||||||
25203030 | Textiles | ||||||
2530 | Consumer Services | 253010 | Hotels, Restaurants & Leisure | 25301010 | Casinos & Gaming | ||
25301020 | Hotels, Resorts & Cruise Lines | ||||||
25301030 | Leisure Facilities | ||||||
25301040 | Restaurants | ||||||
253020 | Diversified Consumer Services | 25302010 | Education Services | ||||
25302020 | Specialized Consumer Services | ||||||
2540 | Media | 254010 | Media | 25401010 | Advertising | ||
25401020 | Broadcasting | ||||||
25401025 | Cable & Satellite | ||||||
25401030 | Movies & Entertainment | ||||||
25401040 | Publishing | ||||||
2550 | Retailing | 255010 | Distributors | 25501010 | Distributors | ||
255020 | Internet & Direct Marketing Retail | 25502020 | Internet & Direct Marketing Retail | ||||
255030 | Multiline Retail | 25503010 | Department Stores | ||||
25503020 | General Merchandise Stores | ||||||
255040 | Specialty Retail | 25504010 | Apparel Retail | ||||
25504020 | Computer & Electronics Retail | ||||||
25504030 | Home Improvement Retail | ||||||
25504040 | Specialty Stores | ||||||
25504050 | Automotive Retail | ||||||
25504060 | Homefurnishing Retail | ||||||
30 | Consumer Staples | 3010 | Food & Staples Retailing | 301010 | Food & Staples Retailing | 30101010 | Drug Retail |
30101020 | Food Distributors | ||||||
30101030 | Food Retail | ||||||
30101040 | Hypermarkets & Super Centers | ||||||
3020 | Food, Beverage & Tobacco | 302010 | Beverages | 30201010 | Brewers | ||
30201020 | Distillers & Vintners | ||||||
30201030 | Soft Drinks | ||||||
302020 | Food Products | 30202010 | Agricultural Products | ||||
30202030 | Packaged Foods & Meats | ||||||
302030 | Tobacco | 30203010 | Tobacco | ||||
3030 | Household & Personal Products | 303010 | Household Products | 30301010 | Household Products | ||
303020 | Personal Products | 30302010 | Personal Products | ||||
35 | Health Care | 3510 | Health Care Equipment & Services | 351010 | Health Care Equipment & Supplies | 35101010 | Health Care Equipment |
35101020 | Health Care Supplies | ||||||
351020 | Health Care Providers & Services | 35102010 | Health Care Distributors | ||||
35102015 | Health Care Services | ||||||
35102020 | Health Care Facilities | ||||||
35102030 | Managed Health Care | ||||||
351030 | Health Care Technology | 35103010 | Health Care Technology | ||||
3520 | Pharmaceuticals, Biotechnology & Life Sciences | 352010 | Biotechnology | 35201010 | Biotechnology | ||
352020 | Pharmaceuticals | 35202010 | Pharmaceuticals | ||||
352030 | Life Sciences Tools & Services | 35203010 | Life Sciences Tools & Services | ||||
40 | Financials | 4010 | Banks | 401010 | Banks | 40101010 | Diversified Banks |
40101015 | Regional Banks | ||||||
401020 | Thrifts & Mortgage Finance | 40102010 | Thrifts & Mortgage Finance | ||||
4020 | Diversified Financials | 402010 | Diversified Financial Services | 40201020 | Other Diversified Financial Services | ||
40201030 | Multi-Sector Holdings | ||||||
40201040 | Specialized Finance | ||||||
402020 | Consumer Finance | 40202010 | Consumer Finance | ||||
402030 | Capital Markets | 40203010 | Asset Management & Custody Banks | ||||
40203020 | Investment Banking & Brokerage | ||||||
40203030 | Diversified Capital Markets | ||||||
40203040 | Financial Exchanges & Data | ||||||
402040 | Mortgage Real Estate Investment Trusts (REITs) | 40204010 | Mortgage REITs | ||||
4030 | Insurance | 403010 | Insurance | 40301010 | Insurance Brokers | ||
40301020 | Life & Health Insurance | ||||||
40301030 | Multi-line Insurance | ||||||
40301040 | Property & Casualty Insurance | ||||||
40301050 | Reinsurance | ||||||
45 | Information Technology | 4510 | Software & Services | 451010 | Internet Software & Services | 45101010 | Internet Software & Services |
451020 | IT Services | 45102010 | IT Consulting & Other Services | ||||
45102020 | Data Processing & Outsourced Services | ||||||
451030 | Software | 45103010 | Application Software | ||||
45103020 | Systems Software | ||||||
45103030 | Home Entertainment Software | ||||||
4520 | Technology Hardware & Equipment | 452010 | Communications Equipment | 45201020 | Communications Equipment | ||
452020 | Technology Hardware, Storage & Peripherals | 45202030 | Technology Hardware, Storage & Peripherals | ||||
452030 | Electronic Equipment, Instruments & Components | 45203010 | Electronic Equipment & Instruments | ||||
45203015 | Electronic Components | ||||||
45203020 | Electronic Manufacturing Services | ||||||
45203030 | Technology Distributors | ||||||
4530 | Semiconductors & Semiconductor Equipment | 453010 | Semiconductors & Semiconductor Equipment | 45301010 | Semiconductor Equipment | ||
45301020 | Semiconductors | ||||||
50 | Telecommunication Services | 5010 | Telecommunication Services | 501010 | Diversified Telecommunication Services | 50101010 | Alternative Carriers |
50101020 | Integrated Telecommunication Services | ||||||
501020 | Wireless Telecommunication Services | 50102010 | Wireless Telecommunication Services | ||||
55 | Utilities | 5510 | Utilities | 551010 | Electric Utilities | 55101010 | Electric Utilities |
551020 | Gas Utilities | 55102010 | Gas Utilities | ||||
551030 | Multi-Utilities | 55103010 | Multi-Utilities | ||||
551040 | Water Utilities | 55104010 | Water Utilities | ||||
551050 | Independent Power and Renewable Electricity Producers | 55105010 | Independent Power Producers & Energy Traders | ||||
55105020 | Renewable Electricity | ||||||
60 | Real Estate | 6010 | Real Estate | 601010 | Equity Real Estate Investment Trusts (REITs) | 60101010 | Diversified REITs |
60101020 | Industrial REITs | ||||||
60101030 | Hotel & Resort REITs | ||||||
60101040 | Office REITs | ||||||
60101050 | Health Care REITs | ||||||
60101060 | Residential REITs | ||||||
60101070 | Retail REITs | ||||||
60101080 | Specialized REITs | ||||||
601020 | Real Estate Management & Development | 60102010 | Diversified Real Estate Activities | ||||
60102020 | Real Estate Operating Companies | ||||||
60102030 | Real Estate Development | ||||||
60102040 | Real Estate Services |
Revisions
The classification is continuously updated by S&P Dow Jones Indices and MSCI.[5] In November 2014 they proposed to introduce a new sector for real estate, as well as adding a new sub-industry for copper, both to be effective on August 31, 2016.[6]
See also
- Industry Classification Benchmark
- North American Industry Classification System
- Standard Industrial Classification
- International Standard Industrial Classification
- Thomson Reuters Business Classification
References
- ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2014-12-19. Retrieved 2014-12-19.
- ↑ "MSCI-Barra GICS Tables". Retrieved 2013-02-10.
- ↑ "MSCI-Barra GICS Sector Definitions" (PDF). Retrieved 2013-02-10.
- ↑ http://www.msci.com/products/indexes/sector/gics/gics_structure.html
- ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2015-02-11. Retrieved 2015-01-25.
- ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2014-12-22. Retrieved 2015-01-25.